Department of Economics and Business - Universitat Pompeu Fabra

Title:: The biased balance: Observation, formalism and interpretation of a dissymmetric measuring device
Author:: Marc Le Menestrel
Date:: January 2007
Abstract:: This paper studies a balance whose unobservable fulcrum is not necessarily located at the middle of its two pans. It presents three different models, showing how this lack of symmetry modifies the observation, the formalism and the interpretation of such a biased measuring device. It argues that the biased balance can be an interesting source of inspiration for broadening the representational theory of measurement.
Keywords:: Representational theory of measurement, biased measurement, bias, rationality, irrationality, observer, dependence, indeterminacy, invariance
JEL codes:: A0, B4, C0, D0

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